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Has anyone had experience with G7FX? I've taken the course and find the techniques plausible but complicated. As a new trader, I don't have the confidence in any system to jump in and trade it. Your insight into the G7FX methodology would be appreciated.
Mike
Can you help answer these questions from other members on NexusFi?
Trading: CME Futures & US Treasury Bonds Futures (week) and Bitcoin (week-end)
Posts: 88 since Feb 2021
Thanks Given: 95
Thanks Received: 65
I have seen the Foundation and Pro course content and frankly I wish I didn't, big waste of time for me, a lot of (unnecessary) theory and chatter and almost no live exemples.
Doing your due diligence you can spot some red flags:
- Googling "G7FX Guru"
- https://www.trustpilot.com/review/g7fx.com?languages=all&stars=1&stars=2
- The mentor claims to be fully audited but it's on myfxbook which can be tempered with, in fact he doesn't provide account number, broker statements and the statistics are split by months for obscure reasons and some months are completely missing, like they were deleted.
Yeah avoid him, I don't want to get into details on some of the odd things about him that do not make sense to me - the above highlights it quite well if you do a small bit of Googling.
I watched his intro video. I like what he presented. But.... He claims over and over and over and over he is not a marketer - that's what he is exactly. Sure he has credentials, but he is still a marketer. Once you click on his content watch how he appears in your ads on youtube. What I saw in the intro video is a trader who uses Sierra Charts(SF) - all of what I saw is out-of-the-box SF. His example is utilizing VPOC. With price below the VPOC, wait for a failed low with lots of selling pressure and anticipate a move to the VPOC riding trapped trader's exits. If it was only that easy all the time. After you watch the video you are presented with a one time only savings of almost 50%. You also then see the table of content of his course. I am sure he covers the fundamentals in his training. I'm sure he shows you how to use SF. I sure he can help somewhat. But you can learn these things on your own. Oh and don't forget he is a superb marketer and perhaps a good trader.